diverse economies

By Stephen Healy and Boone Shear, Truthout.net

The early characterization of the Occupy Wall Street (OWS) movement as a group of rudderless kids with no real chance of success was fantastically misplaced. The 99 percent continues to occupy more cities, more headlines and more of our collective imagination.

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#OccupyWallStreet has cracked open a little hole in history, creating a moment where some of the very core institutions of our economy are called into question. Along with indignation and outrage, there is a certain excitement in the air. Things that have been terrifyingly stuck seem to be moving. Something seems possible today that wasn't just a month ago.
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by Ethan Miller



"Fall in love with hard and patient work-we are the beginning, not the end."

-Zizek, at #OccupyWallStreet

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"institutional reconstruction" aims either to weaken or displace corporate power in favor of democratic control
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The following communication was sent Sept. 9, 2011 by the American Monetary Institute regarding Kucinich's Sept 7, speech in which he introduced the National Employment & Economic Defense (NEED) Act.

 

The Salinas reality helps us to pose the big questions we need to pose if we are preoccupied with processes of radical social transformation.
The real economy is people.
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Our first stop is another component allied with Mongragon University called SAIOLAN. It's an incubator project for helping to launch new coops and high-tech businesses as well as training new entrepreneurs.
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Most new small businesses fail. That's a fact, whether they are in the Basque Country or in the U.S. Or anywhere else. Yet the Mondragon Coops, which all started as small worker-owned businesses, have hardly ever failed. Why? The key is in Father Jose Maria Arizmendi's original founding conception of cooperatives as the interlocking of school, factory and credit union.
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In the recent series on his blog, The Workers' Paradise ,McNamara is very strong on the possibility of the cooperative movement being able to move to scale.  But he wisely directs our attention to the big problems this is going to bring, problems that are already burdening cooperatives.  The primary one he refers to is “the agency problem” (which is pretty much what I mean by “top/down problem”).

Thank you, John McNamara for advancing the conversation about the opportunities, issues, and problems of taking the cooperative advantage to scale.
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The 2010 Canadian Worker Co-operative Federation AGM and Conference is being held from Thursday, October 28th to Saturday, October 30th, 2010 in Vancouver, B.C. at the YWCA Hotel.  The theme is "Worker Co-operatives and Sustainable Development."
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We are not going to become the solution any time soon, but I believe that we have the opportunity to achieve a lot, like laying down a foundational strategy and infrastructure open to diverse approaches for the generation to come.

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